Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total Sales $500,000 $750,000 $1,250,000 Variable costs 225,000 450,000 675,000 Contribution margin $275,000 $300,000 $ 575,000 (a) Determine the company’s sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix Bedroom Division enter a share of the division Dining Room Division enter a share of the division

Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total Sales $500,000 $750,000 $1,250,000 Variable costs 225,000 450,000 675,000 Contribution margin $275,000 $300,000 $ 575,000 (a) Determine the company’s sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix Bedroom Division enter a share of the division Dining Room Division enter a share of the division

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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	Bedroom Division	Dining Room Division	Total
Sales	$500,000	$750,000	$1,250,000
Variable costs	225,000	450,000	675,000
Contribution margin	$275,000	$300,000	$ 575,000

(a)

Determine the company’s sales mix. (Round answers to 2 decimal places, e.g. 0.15.)

		Sales mix
Bedroom Division		enter a share of the division
Dining Room Division		enter a share of the division

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